KPIs & Operating Metrics(New)
Growth Metrics

American Homes 4 Rent (AMH) Equity Ratio (2013 - 2025)

American Homes 4 Rent's quarterly Equity Ratio came in at 0.58 in Q4 2025, up 8.8% year-on-year from 0.54 in Q4 2024, and up 7.75% quarter-over-quarter from 0.54 in Q3 2025.

American Homes 4 Rent has reported Equity Ratio for 13 years, with the latest figure at 0.58 in Q4 2025.

  • For the quarter ending Q4 2025, Equity Ratio rose 8.8% year-over-year to 0.58; the trailing twelve-month figure through Dec 2025 stood at 0.58 (up 8.8% YoY), and the FY2025 full-year result was 0.58, up 8.8% from the prior year.
  • Equity Ratio for Q4 2025 stood at 0.58, up from 0.54 in the prior quarter.
  • The five-year high for Equity Ratio was 0.67 in Q1 2021, with the low at 0.54 in Q4 2024.
  • Average Equity Ratio over 5 years is 0.6, with a median of 0.6 recorded in 2023.
  • Year-over-year, Equity Ratio dropped 11.29% in 2024 and gained 8.8% in 2025.
  • Tracing AMH's Equity Ratio over 5 years: stood at 0.61 in 2021, then decreased by 4.13% to 0.59 in 2022, then rose by 2.35% to 0.6 in 2023, then slipped by 11.29% to 0.54 in 2024, then increased by 8.8% to 0.58 in 2025.
  • The last three Equity Ratio figures came in at 0.58 (Q4 2025), 0.54 (Q3 2025), and 0.58 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Avalonbay Communities 25.91 Bn 26.13 Bn - 0.52
2 Equity Residential 25.13 Bn 25.27 Bn - 0.54
3 Invitation Homes 17.75 Bn 17.79 Bn 694.98 Mn 0.49
4 Sun Communities 15.66 Bn 15.77 Bn 491.20 Mn 0.56
5 Mid America Apartment Communities 15.34 Bn 15.42 Bn 537.05 Mn 0.49
6 American Homes 4 Rent 13.60 Bn 14.17 Bn - 0.58
7 Udr 12.44 Bn 12.44 Bn 416.43 Mn 0.32
8 Equity Lifestyle Properties 12.31 Bn 12.37 Bn 393.79 Mn 0.32
9 Camden Property Trust 11.27 Bn 11.34 Bn - 0.44
10 Millrose Properties 4.59 Bn 4.59 Bn - 0.61

Historic Data

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DateValue
Dec 31, 2025 0.58
Sep 30, 2025 0.54
Jun 30, 2025 0.58
Mar 31, 2025 0.59
Dec 31, 2024 0.54
Sep 30, 2024 0.60
Jun 30, 2024 0.58
Mar 31, 2024 0.60
Dec 31, 2023 0.60
Sep 30, 2023 0.60
Jun 30, 2023 0.60
Mar 31, 2023 0.61
Dec 31, 2022 0.59
Sep 30, 2022 0.59
Jun 30, 2022 0.59
Mar 31, 2022 0.62
Dec 31, 2021 0.61
Sep 30, 2021 0.63
Jun 30, 2021 0.62
Mar 31, 2021 0.67
Dec 31, 2020 0.67
Sep 30, 2020 0.67
Mar 31, 2020 0.65
Dec 31, 2019 0.66
Sep 30, 2019 0.66
Jun 30, 2019 0.66
Mar 31, 2019 0.65
Dec 31, 2018 0.66
Sep 30, 2018 0.67
Jun 30, 2018 0.66
Mar 31, 2018 0.65
Dec 31, 2017 0.68
Sep 30, 2017 0.60
Jun 30, 2017 0.66
Mar 31, 2017 0.62
Dec 31, 2016 0.61
Sep 30, 2016 0.51
Jun 30, 2016 0.50
Mar 31, 2016 0.55
Dec 31, 2015 0.58
Sep 30, 2015 0.47
Jun 30, 2015 0.61
Mar 31, 2015 0.63
Dec 31, 2014 0.67
Sep 30, 2014 0.63
Jun 30, 2014 0.61
Mar 31, 2014 0.80
Dec 31, 2013 0.86